(ĐN)- Dong Nai Customs Bureau fined the SPC Tianhua Vietnam, a 100% Chinese invested company, VND1.28 billion for replacing Chinese labels with Vietnamese ones on chemical products due for export to the US.
(ĐN)- Dong Nai Customs Bureau fined the SPC Tianhua Vietnam, a 100% Chinese invested company, VND1.28 billion for replacing Chinese labels with Vietnamese ones on chemical products due for export to the US.
The SPC Tianhua Vietnam, based in the Nhon Trach 3 Industrial Zone, was caught late last year. The officials found a total of 100 tons of products worth VND4.5 billion (US$214,000) with counterfeit Vietnamese brands.
The products, used to treat water in swimming pools, were made entirely in China.
In 2011, the company exported 133 tons of chemical solution called Long Lasting Chlorinating Granular 89% Min (TCCA MULTI-GRANULAR) via the Nhon Trach Customs Office.
Investigations revealed that the company has been doing this since 2006.
The illegal practice could stem from the fact that Vietnamese products enjoy favorable tax rates in the US.
Reported by K.G
